Chinese copper product manufacturer XinXu Copper (XXC.US) sets IPO pricing at $4-5 per share, aiming to raise $7 million.

According to the Zhitong Finance APP, Chinese copper and copper alloy producer Xinxu Copper Industry Technology Co., Ltd. announced its IPO terms on Tuesday. The company, based in Wuhu, China, plans to issue 1.5 million shares at a price of $4 to $5 per share, raising $7 million.